PRL announces profit of Rs759mn in 1HFY23

News Image

MG News | February 07, 2023 at 03:09 PM GMT+05:00

February 07, 2023 (MLN): Pakistan Refinery Limited (PRL) reported a profit of Rs759 million for the half-year ended December 31, 2022, compared to a loss of Rs114 million in the same period last year, a notice issued by PSX showed.

The increase in profit was driven by higher revenue, which rose 117.67% YoY to Rs130.35 billion.

The company also recorded a rise in operating expenses, administrative and distribution expenses, and finance cost.

The finance cost increased 62.47% YoY to Rs1.29 billion due to the rise in the policy rate.

The company paid Rs688.73 million in taxes, a 118.97% YoY increase, compared to Rs314.53 million in the same period last year.

The scrip of the company was being traded at Rs13.35, down by 2.13% DoD.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,310.00 77,720.00
76,105.00
1535.00
2.03%
BRENT CRUDE 97.82 100.73
96.90
-5.72
-5.52%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 113.00 0.00
0.00
0.30
0.27%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 91.35 93.90
90.32
-5.25
-5.43%
SUGAR #11 WORLD 14.68 14.91
14.59
-0.22
-1.48%

Chart of the Day


Latest News
May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China


May 25, 2026 at 04:25 PM GMT+05:00

PKR maintains upward momentum vs USD


May 25, 2026 at 04:18 PM GMT+05:00

FPRM acquires 60% stake in AML/CFT Screening Solution



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg